Cordoba Minerals (CVE:CDB) Trading Up 33.3% – Should You Buy?

Cordoba Minerals Corp. (CVE:CDB) shares shot up 33.3% during trading on Tuesday . The company traded as high as C$0.62 and last traded at C$0.60. 330,676 shares changed hands during mid-day trading, an increase of 473% from the average session volume of 57,679 shares. The stock had previously closed at C$0.45.

Cordoba Minerals Trading Up 33.3 %

The business has a 50 day simple moving average of C$0.37 and a two-hundred day simple moving average of C$0.40. The stock has a market cap of C$53.45 million, a price-to-earnings ratio of -3.28 and a beta of 0.82. The company has a current ratio of 3.09, a quick ratio of 0.11 and a debt-to-equity ratio of 27.84.

Cordoba Minerals Company Profile

Cordoba Minerals Corp., a mineral exploration company, engages in the acquisition, exploration, evaluation, and development of base and precious metal properties in Colombia and the United States. The company explores for copper, silver, and gold deposits. It primarily holds a 100% interest in the San Matias project with exploration licenses covering 146.62 square kilometers and has an additional 893.91 square kilometers of mining titles under application located in the municipality of Puerto Libertador, Department of Cordoba, Colombia.